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Michelle Martin

UPDATE 2-Germany sells new 30-year bond with negative yield, a first

21 Aug 2019

LONDON/BERLIN Aug 21 Germany sold 30-year bonds with a negative yield for the first time at an auction on Wednesday, a milestone for a fixed-income market where the entire curve now yields less than zero.

Lufthansa braces for more challenges after price war hits earnings

30 Jul 2019

BERLIN German airline Lufthansa said it was braced for very tough price competition with Ryanair and easyJet for at least the rest of this year as it reported a plunge in second-quarter earnings on Tuesday.

Germany's Merkel, planning to serve full term, backs under-fire protegee

19 Jul 2019

BERLIN Germany's Angela Merkel threw her weight behind her embattled new defence minister and heir-apparent on Friday, while insisting she herself was fit to carry on serving as chancellor through to the end of her term in 2021.

Daimler warns on profit again, blames diesel and recall costs

12 Jul 2019

FRANKFURT Luxury carmaker Daimler cut its profit forecast for the fourth time in 13 months on Friday, as it set aside more money to cover a regulatory crackdown on diesel emissions and vehicle recalls related to Takata airbags. | Video

Europeans call for urgent meeting of Iran nuclear deal parties

09 Jul 2019

BERLIN European powers accused Iran on Tuesday of "pursuing activities inconsistent with its commitments" under a 2015 nuclear deal and called for an urgent meeting of the parties to the agreement to discuss Tehran's compliance.

Drop in German industrial orders bodes ill for coming months

05 Jul 2019

BERLIN German industrial orders fell far more than expected in May, and the Economy Ministry warned on Friday that this sector of Europe's largest economy was likely to remain weak in the coming months.

Lufthansa eyes cost cuts to return Eurowings to profit

24 Jun 2019

FRANKFURT/BERLIN Lufthansa's budget airline Eurowings will aim to cut costs by 15% over the next three years and focus on short-haul flights as part of a plan to return to profit by 2021, the German carrier said on Monday.

Merkel dismisses speculation she could move to big EU job

16 May 2019

BERLIN Germany's Angela Merkel reaffirmed on Thursday that she would leave politics after serving out her fourth term as chancellor, dismissing speculation that she could take a big European Union job in Brussels.

German inflation exceeds ECB target on "Easter bunny" bounce

30 Apr 2019

BERLIN German annual inflation accelerated to 2.1 percent in April, exceeding the European Central Bank's target for the first time since November, data showed on Tuesday, suggesting little need for further monetary easing.

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